# PPP loan: PEELS INC
> **$257K** approved 04/27/2020 · Paid in Full · Loan `4898637206`
## Borrower
- **Name:** PEELS INC
- **Address:** 755 w IOWA 80 RD, WALCOTT, IA, 52773-8572
- **NAICS:** 722513
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 78
## Lender
- **Originating:** CBI Bank & Trust
- **Servicing:** CBI Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*